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Messaging app Line soars in Wall Street debut
Shares in the Asian hit messaging app Line surged 33 percent in the first day of trade in New York Thursday in a market hungry for the newest technology IPO.
The largest tech stock debut...
OPEC say Saudi comments show desire for higher oil price
OPEC delegates say comments from top exporter Saudi Arabia, which two years ago led the group to drop its historic role of supporting oil prices, are a change in tone and a sign the...
IMF cuts Eurozone growth forecast after Brexit
The IMF cut its growth forecast for the eurozone on Friday, citing the fallout from Britain's shock vote to leave the European Union.
The IMF cut the growth forecast for 2017 to 1.4 percent, from...
Oil prices rise on bargain-buying
Oil prices rebounded Friday after tanking nearly five percent the day before as bargain hunters swooped into the market.
The commodity plunged Thursday in response to US commercial inventories falling less than expected last week,...
Saudi energy minister: Oil market heading toward a balance, prices settling
The energy minister of Saudi Arabia, the world's largest oil exporter, and the secretary general of OPEC agree that the global oil market is heading toward a balance and that prices are starting to...
Oil and commodities shrug off Brexit slump
Oil approached the end of the week down slightly on a midweek rally but still well ahead of its lowest point after Britain's shock vote to leave the European Union.
North Sea Brent crude recovered...
Tesla shares slip after first fatality involving Autopilot
Tesla Motors Inc's shares were down less than 1 percent in early trading on Friday, with at least one analyst saying that initial reaction to the first fatality involving its Autopilot system was based...
Asia oil prices dip on oversupply concerns
Oil prices fell in Asia on Thursday as supply outlook improved with both commodities hovering close to the key $50 mark, worrying traders about producers coming back online.
Crude dipped after two days of strong...
JP Morgan sees new Scottish currency, initially backed by BoE
JP Morgan said on Thursday a Scottish currency in a newly independent Scotland could initially be stabilised near parity with sterling by the Bank of England and European Central Bank, given their strong mutual...
Qatar’s RasGas reaches gas supply deal with France’s EDF
Qatari liquefied natural gas producer RasGas has reached a deal to supply France's EDF with up to 2 million tons of the fuel annually.
Government-backed RasGas said Wednesday it will begin delivering the LNG to...
